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Foreign investment in Andorra in 2024: main figures and key sectors

Foreign investment in Andorra remained active in 2024, with notable movements in certain sectors. Although the property sector continued to grow, formalised direct investments decreased slightly, though the number of applications submitted was higher than in 2023. At the end of May, the statistics department of the Andorran government presented official data providing a detailed overview of the behaviour of foreign capital over the last year. Table des matières : Comment la loi sur la croissance durable et le droit …

The impact of the Law on Sustainable Growth and Housing Rights on Andorra’s taxation and residence requirements in 2025

by Comunicacio

In a previous article, we examined how the new Law on Sustainable Growth and Housing Rights re-defines foreign real estate investments in Andorra. The new legislation also introduces significant changes in important areas such as taxation and residence requirements. These aspects deserve examination because they directly affect individuals seeking to settle or invest in the Principality. Read on to find out how these changes will affect taxation and residence in Andorra in 2025, and what you will need to consider …

Changes in foreign investment in Andorran property: what you need to know

by Comunicacio

Foreign investment in property in Andorra is taking an important turn with the entry into force of the new law on sustainable growth and the right to housing. On 16th April, 2025, this regulation introduced restrictions on the purchase of residential property by foreign investors, with the aim of reducing pressure on the local housing market and guaranteeing access for the local population.The measures promoted by this new legal framework represent a turning point in the Andorran property scenario, and …

Why more and more companies are investing in Andorra (and how you can do it too)

by Comunicacio

Andorra is at a pivotal moment for those seeking new business opportunities. Far from being just a tourist destination for skiing or shopping, the principality is changing. It has opened up to the world, professionalised its business environment and embraced sectors with a future.From tech start-ups to health and luxury tourism projects, an ever-growing number of foreign investors and companies are discovering that Andorra is a place to innovate, grow and diversify their activities in an increasingly agile, modern and …

The latest report of the IMF analyses Andorra’s economy

by Comunicacio

In February, the IMF published the conclusions of its latest report examining Andorra’s performance in 2024 and its prospects for the coming years. The report reflects a positive outlook for the Principality, with an expanding economy and a budget tailored to the country’s needs. However, structural challenges remain, and addressing them will be crucial in order to ensure that development will be sustainable in the medium and long terms. The main points of the report are outlined below. Table of …

Create a company in Andorra and keep living in the UK: Is that legal?

by admin

This question could apply to the UK, Spain, Portugal, Italy, or any other European country where the level of corporate and personal tax is much higher than that of our Principality. Without a doubt, this is one of the questions most frequently posed by businesspeople and entrepreneurs who are intrigued by Andorra’s attractive tax policy but who want to remain in their customary place of residence. Table of contents: Creating a company in Andorra and living abroad is perfectly legalShould …

The Andorran economy will grow by 2.1% in 2023, according to the IMF

by Comunicacio

The International Monetary Fund’s (IMF) latest Annual Report provides global economic forecasts, highlighting broad trends and offering in-depth analysis of individual economies. It serves as a guide to understanding and anticipating economic movements on a global and regional scale.Andorra, as the 190th member of the organisation, is also included in this analysis. The report provides a detailed overview that lets us paint a clearer picture of what the economic future may hold for our country. Table of contents: Improvement of …

The economic performance of Andorra in 2022

by Comunicacio

In 2022, the global economy experienced several changes and challenges. It was a year marked by changes in government policy to deal with the consequences of rising inflation, increases in interest rates and rising prices. As elsewhere, Andorra’s economic outlook was varied and dynamic. This is reflected in the 2022 Economic Report presented by the Andorran Chamber of Commerce, which analyses last year’s growth situation and the prospects for the future. Table of contents: The country’s growth reaches the level …

Start-up : what is it, and how does this type of company work in Andorra?

by Comunicacio

In the digital age, start-ups are driving innovation and economic growth on a global scale. These emerging companies, driven by creativity and technology, have become an attractive sector for investors seeking new business opportunities. However, until the end of last year, Andorra had no specific legislation for this type of economic activity. With the approval of the new law on the digital economy, innovation and entrepreneurship, a section has been created to regulate the creation, operating conditions and characteristics of …

Foreign investment grows for another year in Andorra

by Comunicacio

The number of foreign investment applications in Andorra and the volume of initial investment declared grew substantially in 2021. Figures have improved compared to the pre-pandemic period, with results well above those of 2020. These are the conclusions after analysing the figures that the Government’s statistics department has shown in its report. All the relevant data are summarised for you here. Table of contents 1. Growth in the number of applications submitted 2. Nearly 1,000 foreign investment requests were approved …